Microsoft (MSFT) introduces Copilot+, a PC equipped with AI
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RBC Capital Positive on Microsoft (MSFT)
May 23, 2024 2:01 PM EDTRBC Capital analyst Kash Rangan reiterated an Outperform rating and $500.00 price target on Microsoft (NASDAQ: MSFT)
The analyst comments "We went in-person to Microsoft Build, the annual flagship event for developers, where we listened to keynotes and breakout sessions, as well as gathered feedback from customers. We came away incrementally positive on Microsoft's commitment to maintaining AI leadership across multiple software categories. Taking Microsoft Fabric seriously. After keynotes, breakout sessions, and customer conversations, we believe Fabric can be a disruptive force in data analytics. Fabric is off to a good start with... More
Goldman Sachs Reiterates Buy Rating on Microsoft (MSFT)
May 23, 2024 5:43 AM EDTGoldman Sachs analyst Kash Rangan reiterated a Buy rating and $515.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "Coming out of Microsoft Build, we continue to see Microsoft paving the path for democratized Gen-AI adoption as it builds out the ecosystem with innovations in all layers of the tech-stack. Given Microsofts prevalent offerings... More
Goldman Sachs Reiterates Buy Rating on Microsoft (MSFT)
May 22, 2024 5:50 AM EDTGoldman Sachs analyst Kash Rangan reiterated a Buy rating and $515.00 price target on Microsoft (NASDAQ: MSFT)
The analyst comments "After attending Microsoft Build Day 1, we leave increasingly constructive that MSFT continues to be in an industry-leading position that can shape the adoption of GenAI across the tech stack. Our main takeaways from... More
Wells Fargo Reiterates Overweight Rating on Microsoft (MSFT)
May 22, 2024 5:16 AM EDTWells Fargo analyst Michael Turrin reiterated an Overweight rating and $500.00 price target on Microsoft (NASDAQ: MSFT)
The analyst comments "GitHub creating AI ecosystem; new features announced: Fitting for its annual dev event, MSFT announced GitHub Copilot is the most widely adopted AI... More
Bank of America discusses implications of AI PC war on chipmakers
May 21, 2024 1:59 PM EDTIn a note to clients Tuesday, analysts at Bank of America discussed the implications of the artificial intelligence PC war on chipmakers, stating it sees a positive read-through for some names.
BofA sees positives for Arm Holdings (NASDAQ: ARM), while it believes the... More
Microsoft debuts 'Copilot+' PCs with AI features
May 20, 2024 6:01 AM EDTBy Max A. Cherney
SEATTLE (Reuters) -Microsoft on Monday debuted a new category of personal computers with AI features as it rushes to build the emerging technology into products across its business and compete with Alphabet and Apple.
At an event on its campus in Redmond, Washington, Chief Executive Satya Nadella introduced what Microsoft calls "Copilot+" PCs, saying that it and a range of manufacturers would sell them, including Acer and Asustek Computer.
Microsoft launched the laptops as its shares trade near record highs following a Wall Street rally driven by expectations that AI will fuel... More
